What you should do as the stock markets crash

The world's stock markets are turning bearish as it becomes clear the global economy is stalling - and the authorities are fast running out of options for propping it up. John Stepek looks at what is going on, and what investors should do now.

Yesterday was yet another shocker of a day for markets.

The Dow Jonesplunged by more than 600 points. And plenty of markets around the world are now in bear territory, from Germany to Brazil to Russia.

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John Stepek

John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.

He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.

His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.